Solar investor United PV will co-invest with an insurance firm in 1GW of projects in China during the next two years.
China-based monocystalline wafer producer Xian Longi Silicon Materials Company is partnering with local authorities in Shanting District, Shandong Province, China to provide PV projects totalling 400MW.
PV inverter manufacturer Sungrow Power Supply is to provide a suite of products to PV power plant projects being developed by PV module manufacturer Risen New Energy.
The largest US installer SolarCity has hired J. Radford Small as senior vice president, business development and investor relations.
Indian industrial Group Adani is planning the construction of a 1GW solar park in the Indian state of Tamil Nadu, according to a local report.
Tier-one PV manufacturer JinkoSolar has said its new production facility for solar cells and modules and Malaysia has started ramping on schedule and was expected reach capacity within two months.
Indian utility National Thermal Power Corporation (NTPC) has announced the allocation of a further 500MW of solar PV capacity in Andhra Pradesh and 420MW in Rajasthan.
Taiwan-based BIG SUN Energy Technology says it is making meaningful inroads into the competitive PV tracker systems market despite its focus on dual-axis trackers rather than the dominant single-axis systems.
Italy-based renewable energy developer Enel Green Power (EGP) has begun construction of the 82.5MW Pulida solar power plant in Free State Province, South Africa.
French concentrator PV (CPV) specialist Soitec has revealed plans to sell its solar business to ConcenSolar, a company linked with Soitec’s CPV rival Suncore.
IEA PVPS published its Annual Report on May 26th, 2015. In a solar photovoltaic (PV) market becoming rapidly global, the IEA’s PV technology cooperation programme continues to provide unbiased and reliable information on PV deployment and challenges.
“Electricity from solar photovoltaic (PV) power systems has continued to grow all around the globe achieving, for the first time in history, more than 1% of the annual global electricity demand, comments IEA PVPS Chairman Stefan Nowak.
By 2030, Mexico could generate up to 46% of its electricity each year, or 280 terawatt-hours (TWh), from renewable sources, according to the new report “Renwable Energy Prospects: Mexico”, published by the International Renewable Energy Agency (IRENA).
This compares with 18% using business-as-usual developments (116 TWh/year). To achieve a 46% share of renewables in electricity generation, the country is likely to see the greatest deployment in wind, 30 gigawatt (GW) and solar photovoltaics (PV), 30 GW.
Thailand-based investment company Sheen Tai Holdings Group Company announced that its indirect wholly-owned subsidiary Sheentai New Energy Power Company Limited has entered into a framework agreement with Liu Shu Quan Farm, part of the 13th division of the Xinjiang Production and Construction Corps.
The partners agreed on development and construction of a solar photovoltaic (PV) project in Xinjiang, People’s Republic of China, with an expected capacity of 200 megawatts (MW).
Soitec SA (Bernin, France) on May 21st, 2015 announced a definitive agreement with ConcenSolar, a privately held company and a business partner of concentrator photovoltaics (CPV) producer Suncore Photovoltaic Technology Co Ltd. (Huainan, Anhui province, China) to divest its solar system business.
Soitec sells its CPV business to ConcenSolar, including all technology assets, manufacturing operations in Freiburg, Germany and San Diego, U.S.A., the company announced.
Enel Green Power (EGP, Rome, Italy) has begun construction of the Pulida solar photovoltaic (PV) plant, which is located in the Free State Province in South Africa.
The PV project will have a total installed capacity of 82.5 MW and once fully operational will be able to generate more than 150 GWh of solar power annually, equivalent to the annual consumption needs of around 48,000 South African households.
The ees Europe international exhibition for batteries, energy storage systems and innovative production is dedicating a comprehensive accompanying program to these topics from June 10–12.
A special exhibit on innovative mobility, for example, is presenting new vehicle concepts and charging technologies to show just how well e-mobility and renewable energy complement each other. Furthermore, experts at the ees Forum and the ees Europe Conference are informing visitors about current market developments and the latest energy storage technologies.
Duke Energy (Charlotte, NC, US.), LG Chem (Seoul, South Korea) and Greensmith (Derwood, MD, US) will team up to build a battery-based energy storage system in Ohio, designed to enhance reliability and increase stability on the electric power grid, the companies announced on May 26th, 2015.
The new 2 megawatt (MW) storage project will assist in regulating electric grid frequency for PJM, the transmission organization that powers much of the eastern U.S.
Solar Power, Inc. (Shanghai, China) "on May 26th, 2015 announced that SPI and its wholly-owned subsidiary, SPI Solar Japan G.K. have entered into a strategic partnership agreement with K.K. Uniroot, a diversified Osaka-based corporation with significant solar photovoltaic (PV) project development interests, to jointly develop a pipeline of more than 500 megawatts (MW) of PV projects in Japan.
JinkoSolar Holding Co., Ltd. (Shanghai, China) on May 26th, 2015 announced that its solar photovoltaic (PV) production facility in Penang, Malaysia has officially begun operations.
The production facility, which began construction in March 2015 and received TUV certification in late April, has begun to produce highly-efficient solar cells and multi-crystalline PV modules. Full production capacity of 500 MW of cells and 450 MW of modules per year is expected to be reached within two months.
Creara (Madrid, Spain) has published the 2nd issue of the PV Grid Parity Monitor, dedicated to the commercial segment (30 kW PV systems). As such, it analyzes PV competitiveness with electricity prices for commercial consumers and assesses local regulation for solar power self-consumption in seven different countries: Brazil, Chile, France, Germany, Italy, Mexico, and Spain.
The results of the analysis show that the main driver of PV grid parity is the decrease in solar PV system prices, one of the main parameters that determine levelized cost of electricity (LCOE).